Investment firm Endure Capital announced the closure of a $50 million fund, Endure Capital 21, for investments in early-stage startups in pan-Africa, according to an emailed press release on September 7th.

The new fund is Endure Capital’s second early-stage venture capital fund. It will focus its investments on impact-driven startups in Africa.

“Endure is committed to adding value to the region’s flourishing startup founders, and ecosystem, and we love to partner with founders that relentlessly pursue entrepreneurship as a means for value creation to society and who are building lasting businesses,” Endure Capital’s founder Tarek Fahim commented.

Established in 2015, Endure Capital is an early-stage investment firm that participated in the launch of a group of successful funds.

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